This isn't a ''walk in, pick the keys up, and call it a day'' situation. It's a build-to-suit / presale opportunity, which means
you're getting in early enough to actually influence how the home
comes together before it exists. You'll choose from design
packages, structural options, exterior selections, and more!
From there, the home just works in an unexpectedly convenient
way. Opportunities for 5 bedrooms, a loft, optional 3rd story and
enough flexibility to handle whatever phase of life, work, hobbies,
or family chaos currently has your attention. The dining room
can absolutely stay a dining room... but it could also become a
home office, library, playroom, ''I need a quiet place to take this
Zoom call'' room, or that beautifully organized space everyone
compliments while secretly knowing it took emotional damage to keep
it that clean. Our designer-curated interior design packages
bring an elevated feel throughout the home without an elevated
price tag. While the standard large fully cased windows pull extra
natural light into the main living spaces in a way that makes even
Monday mornings feel slightly less offensive. The kitchen is
built for actual living with many upgrades to choose from.
Upstairs, the loft becomes the official overflow zone for
movie nights, gaming, homework, sleepovers, or simply sending
everyone upstairs when the downstairs has reached maximum capacity.
And with up to five bedrooms total and 3,000 square feet, everyone
finally gets a little breathing room in this home... or at least
their own place to leave laundry piles. Located near Lake
Michael with fantastic current and future amenities that make
staying home feel a little too easy. Reach out today before
someone else claims your future headquarters for organized chaos.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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